What is Wormhole in crypto W tokenomics simply explained with animations











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Learn more about Wormhole: https://www.iexplaincrypto.com/wormho... • 🤔 What is Wormhole? • Wormhole is a cross-chain protocol enabling the secure transfer of data, tokens, or NFTs across many top blockchains, such as Ethereum, Solana, BNB, and more. • Though to be clear, Wormhole itself is not a blockchain, instead, it provides a means of communication between various blockchains and rollup applications. • 💰 W Tokenomics • In the end, there will be 10 billion W tokens available, though at launch only 1.8 billion were released. • By the time all 10 billion W tokens have been released according to their token vesting schedules, which will be completed around 5 years after launch, the initial token distribution will have looked as follows: • 31% will go towards ecosystem and incubation, 23.3% will go to the foundation treasury, 17% towards the community launch, 12% to core contributors, 11.6% to strategic network participants, and finally 5.1% to the guardian nodes which verify and secure the network. • Timestamps ⏳ • 00:00 Intro • 0:37 Wormhole Founders • 0:50 What is Wormhole? • 1:11 Cross-chain liquidity • 1:58 Proof-of-Authority • 2:40 User request through Wormhole • 3:05 Guardian Nodes • 4:07 Wormhole ZK • 4:32 Wormhole Queries • 4:41 Wormhole Gateway • 4:50 Wormhole Connect • 5:00 Native Token Transfers • 5:32 W tokenomics • 5:52 W token distribution • ❓ Q As ❓ • Start from the basics: • 🎬 What Is BITCOIN:    • Bitcoin Explained: From Mysterious Or...   • 🎬 What Is a BLOCKCHAIN:    • Blockchain Explained: The Ultimate Gu...   • 🎬 Banks vs Cryptocurrencies:    • Say Goodbye to Banks! Discover the Po...   • 🎬 Decentralized Finance vs Centralized Finance:    • From Banks to Blockchains: The Epic C...   • 🎬 Crypto Technical Analysis:    • Cryptocurrency Trading (for Absolute ...  

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